Looking at SPY, the only thing holding it up is the 20DMA. Once it breaks through, I'm expecting massing panic.
Stochastic and MACD have already signaled a bullish trend. I'm just patiently waiting for the calls I sold to go worthless.
I don't think it will be long.
Just crossed up into the buy zone of the Bollinger Bands.
Stochastic and MACD indicators agree. Greed only holds out so long, as fear fades away.
Reality, we'll, I guess it really depends on your perspective.
Patience always pays though.
Uber Technologies will be looking to display strength as it nears its next earnings release. In that report, analysts expect Uber Technologies to post earnings of -$0.33 per share. This would mark year-over-year growth of 38.89%.
Last week, Aurora Innovation Inc said it had launched a pilot program with the freight unit of Uber Technologies Inc to transport...
Well, we all knew it was coming and it is finally here.
SPY Stochastic is showing it is coming out of an overbought condition.
MACD has turned red.
Sooner or later, fundamentals matter. The time is now. Selling calls.
Looks like a failed attempt to rally after a hard pullback.
This time of year is prone to lower than usual volume, with stocks tending to float up on low volume.
But these are strange times my friend, and after this dead cat bounce, I'm fully expecting a massive dump over the next few days as we head towards the peak holiday season.
Today the SPY started to...
Despite this early morning pop, SPY still has a lot of potential downside.
Low volume, buyers aren't exactly lining up to buy.
SPY is still at the lower Bollinger band.
The MACD is showing a downtrend.
Personally, I'm holding off on opening any positions yet. I still have short December calls I'm waiting to buy back. When I do short sell calls or puts, it will...
It is pretty ironic that a coin is .00004 or so off it's ATH and people are acting like it is dead, but I think there are a lot of first timers taking a little too big of a bite off this crypto.
But anyway, SHIB has hit the 20 DMA, and from the loom of the MACD, just about to make another run.
My guess, and it is just a guess, is that FOMO is going to come...
In a late Sunday move, grossly undervalued ZIL wakes up and pops off the lower Bollinger Band.
The Stochastic indicator shows ZIL coming out of an oversold sentiment as buyers gobble up the cryptocurrency.
Just another bearish post. All three of my regular indicators are now pointing to $IWM taking a dump.
Bollinger Bands, IWM is below the 20 DMA.
Stochastic flashed a bearish signal a few days ago, and is heading to oversold territory.
MACD crossed said to sell on Wednesday.
A contrarian investor would say its a good time to buy though. Persoanally, I'm selling...
Been looking for a good entry on ZIL for a few months now, but have been reluctant to add another crypto to my collection. The way ZIL has held up in this BTC downturn has inspired me to get in now, before I miss out on a good opportunity.
A bit early entry on this, as you can see that ZIL is still resting on the lower Bollinger Band, and is in the sell zone,...
Indicators aside, even though many agree, there is a few old sayings that those of us that have been trading stocks, futures, and other equities have heard many times, and they definitely apply to SHIB and other cryptocurrencies, especially right now.
Higher highs, higher lows
See action past 4 days. Higher lows, for sure, check back later for the high of...
Let me just start off by saying that I know there is a lot of noise around SHIB, and I warn anybody reading this not to bet the farm on this one. But its kinda like playing the lottery when the payout is really big. You just buy a ticket because its fun.
So you can see below, looking at the Bollinger Bands that as of right now, this coin is under the 20 DMA, in...
Has held pretty well, seeing how many millionaires the crypto has created. A little profit taking, nothing more, nothing less. Seems as though the tolerance for pain is greater than the hope for ecstasy. Going to be a lot of sellers regret going on in the next few days.
Seen it many times.